directly or indirectly, from funds of the State, whether appropriated or
unappropriated. No part of the fund may consist of funds expended prior to the
effective date of this Act. The fund may consist of real property or in kind
contributions. In case of any dispute as to the amount of the matching fund or what
money or assets may qualify as matching funds, the Board of Public Works shall
determine the matter and the Board's decision is final. The grantee has until June 1,
2001, to present evidence satisfactory to the Board of Public Works that a matching
fund will be provided. If satisfactory evidence is presented, the Board shall certify this
fact and the amount of the matching fund to the State Treasurer, and the proceeds of
the loan equal to the amount of the matching fund shall be expended for the purposes
provided in this Act. Any amount of the loan in excess of the amount of the matching
fund certified by the Board of Public Works shall be canceled and be of no further
effect.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1999.
Approved April 27, 1999.
CHAPTER 172
(Senate Bill 334)
AN ACT concerning
Tobacco Cigarette Restitution Fund
FOR the purpose of establishing a Tobacco Cigarette Restitution Fund; establishing
certain qualities of the Fund; requiring that certain funds be credited to the
Fund; requiring the Treasurer to perform certain responsibilities regarding
Fund holdings and earnings; requiring that expenditures from the Fund be
made by appropriation; providing certain restrictions on the expenditure and
use of Fund holdings; providing for the construction of a certain part of this Act
providing for the distribution of certain revenues to the Fund; providing for
expenditures from the Fund by appropriation; prohibiting the Fund from being
expended in violation of certain restrictions or limitations; requiring the Fund to
be expended for certain purposes; requiring that priority be given to certain
purposes; providing that disbursements from the Fund to certain programs be
used in a certain manner; authorizing certain funds to be expended for any legal
purpose; requiring the Governor to prepare a certain plan; requiring the
Governor to submit a certain plan to the General Assembly by a certain date;
requiring the Governor to include certain information in the annual State
budget submission; requiring the Governor to report certain information;
providing that this Act applies to certain funds estimated in a certain State
budget; and generally relating to the Tobacco Cigarette Restitution Fund.
BY adding to
Article - State Finance and Procurement
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